The Trump family has added 6 billion USD from the World Liberty crypto project
The assets of President Donald Trump and his family have increased by nearly 6 billion USD after the token $WLFI of the World Liberty Financial project was officially traded publicly. The Trump family currently owns 22.5 billion WLFI tokens, accounting for nearly 1/4 of the total supply, although these tokens are still locked according to an unspecified vesting schedule.
Impressive value and huge profits
Although the DeFi platform #WorldLibertyFinancial has yet to launch, the fully diluted value of WLFI tokens has surpassed 26 billion USD. The price of WLFI soared from 0.015 USD (initial sale price) to over 0.30 USD shortly after launch, bringing enormous profits to early investors.
Concerns about conflicts of interest
However, the $TRUMP family's ownership of a large amount of this token has sparked much controversy over conflicts of interest. Although World Liberty asserts that the tokens of the project team are still locked, a specific timeline has yet to be announced. Nevertheless, crypto projects like World Liberty and Trump memecoin have helped the Trump family add billions of USD to their wealth, demonstrating the growing influence of politicians in the digital asset space. #anh_ba_cong